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the second part says: A comparison of the book values of the current and proceeding years indicates that day (blank). A comparison of the total
the second part says:
A comparison of the book values of the current and proceeding years indicates that day (blank). A comparison of the total cost and accumulated depreciation reveals that Canningto purchased $(blank) million of additional fix assets which was offset by the additional depreciation expense of $(blank) million taken during the current year.
the third part says:
would you normally expect the book value of fixed assets to increase or decrease during the year?
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